VERIZON UK FINANCING LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-08-13 (in 3mo)
Last made up 2025-07-30
Watchouts
Cash
£744K
-0.1% vs 2023
Net assets
£2B
-1.2% vs 2023
Employees
—
Average over period
Profit before tax
-£25M
-178.6% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
2 PSCs ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | — | — | |
| Operating profit | -£119,566,345 | -£27,524,833 | |
| Profit before tax | £31,492,958 | -£24,753,150 | |
| Net profit | £31,492,958 | -£24,753,150 | |
| Cash | £744,996 | £744,255 | |
| Total assets less current liabilities | £2,164,716,827 | £2,139,963,677 | |
| Net assets | £2,130,543,365 | £2,105,790,215 | |
| Equity | £2,130,543,365 | £2,105,790,215 | |
| Average employees | — | — | |
| Wages | — | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Return on capital employed | -5.5% | -1.3% | |
| Current ratio | 38.66x | 39.64x | |
| Interest cover | -42.41x | -9.76x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- Ernst & Young LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. Therefore, the financial statements have been prepared on a going concern basis.”
Group structure
- VERIZON UK FINANCING LIMITED · parent
- Verizon Business International Holdings B.V. 100%
Significant events
- “On 31 March 2025, the ordinary shares of the Company were transferred from Verizon UK Holding Limited to Verizon International, Inc. As such, the company is now 99.77% owned by Verizon International, Inc.”
- “On the 31 March 2025, the Company paid an interim cash dividend of $3,803,250 to the holders of its redeemable preference shares in settlement of the accrued and unpaid dividends on those shares as at 31 December 2024.”
- “On 4 June 2025 Verizon Business International Holdings B.V. (a direct subsidiary of the Company) sold the 39,244,808 shares of EUR 0.015, being the entire share capital of Verizon Connect Ireland Limited to Verizon Communications, Inc (VCI), in exchange for a promissory note from VCI for the amount of $225,800,000.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 1 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| FOX COURT NOMINEES LIMITED | Corporate Secretary | 2016-08-19 | — | — |
| AITKENHEAD, Clare Brenda | Director | 2016-08-19 | Sep 1965 | British |
| CESARE DE MAIO, Francesco | Director | 2016-08-19 | Aug 1968 | Italian |
Show 1 resigned officer
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| SCHOEMAN, Johan Coenraad | Director | 2016-08-19 | 2021-10-28 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Verizon International Inc. | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2025-03-31 | Ceased 2025-03-31 |
| Verizon Communications Inc. | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2025-03-31 | Active |
| Verizon Uk Holding Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-08-19 | Ceased 2025-03-31 |
Filing timeline
Last 20 of 44 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-12-16 RESOLUTIONS Resolution
- 2022-12-12 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-12-16 | SH19 | capital | Capital statement capital company with date currency figure | |
| 2025-12-16 | SH20 | capital | Legacy | |
| 2025-12-16 | CAP-SS | insolvency | Legacy | |
| 2025-12-16 | RESOLUTIONS | resolution | Resolution | |
| 2025-08-01 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-07-04 | AA | accounts | Accounts with accounts type full | |
| 2025-04-25 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-04-25 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-04-10 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-04-10 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2024-08-21 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-07-02 | AA | accounts | Accounts with accounts type full | |
| 2023-08-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-06-30 | AA | accounts | Accounts with accounts type full | |
| 2022-12-12 | SH19 | capital | Capital statement capital company with date currency figure | |
| 2022-12-12 | SH20 | capital | Legacy | |
| 2022-12-12 | CAP-SS | insolvency | Legacy | |
| 2022-12-12 | RESOLUTIONS | resolution | Resolution | |
| 2022-08-19 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-07-05 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 6
- Capital events
- 2
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
—
Not reported
-
Cash
-0.1%
£744,996 £744,255
-
Net assets
-1.2%
£2,130,543,365 £2,105,790,215
-
Employees
—
Not reported
-
Operating profit
+77%
-£119,566,345 -£27,524,833
-
Profit before tax
-178.6%
£31,492,958 -£24,753,150
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers